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The adjusted trial balance for Oriole Corp. at the end of the current year, 2018, contained the following accounts 5-year Bonds Payable 8% $1530000 Interest
The adjusted trial balance for Oriole Corp. at the end of the current year, 2018, contained the following accounts 5-year Bonds Payable 8% $1530000 Interest Payable 55000 Premium on Bonds Payable 153000 Notes Payable (3 mo.) 44000 Notes Payable (5 yr.) 143000 Mortgage Payable ($10000 due currently) 300000 Salaries and Wages Payable 15000 Taxes Payable (due 3/15 of 2019) 25000 The total long-term liabilities reported on the balance sheet are $2126000. $2116000 $1973000. $1963000
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